Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Guatemala - 2024

Contents:

  1. Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Guatemala (CIF) - 2022
  2. Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Guatemala (FOB) - 2022
  3. Imports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Guatemala
  4. Exports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Guatemala

Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Guatemala (CIF) - 2022

In 2022, the average import price for tube or pipe fittings of non-malleable cast iron amounted to $9,691 per ton, picking up by 65% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 67% against the previous year. Over the period under review, average import prices attained the peak figure at $12,991 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($16,336 per ton), while the price for Brazil ($3,677 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Guatemala (FOB) - 2022

In 2022, the average export price for tube or pipe fittings of non-malleable cast iron amounted to $2,097 per ton, with an increase of 2% against the previous year. In general, the export price, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2014 an increase of 94%. The export price peaked at $3,790 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($3,968 per ton), while the average price for exports to El Salvador stood at $1,448 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+14.4%).

Imports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Guatemala

In 2022, overseas purchases of tube or pipe fittings of non-malleable cast iron decreased by -64.1% to 23 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a deep contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 127% against the previous year. As a result, imports attained the peak of 101 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of tube or pipe fittings of non-malleable cast iron fell markedly to $226K in 2022. In general, imports showed a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 28%.

Import of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico15116720993.4-14.8%
United States72.374.946.773.40.5%
China48.911195.025.3-19.7%
ColombiaN/AN/A14.020.445.7%
BrazilN/AN/AN/A3.40%
Others3.3N/A16.910.748.0%
Total275353382226-6.3%

Top Suppliers of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron to Guatemala in 2022:

  1. United States (8.0 tons)
  2. Mexico (5.7 tons)
  3. China (5.3 tons)
  4. Colombia (2.9 tons)
  5. Brazil (0.9 tons)

Exports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Guatemala

After three years of growth, shipments abroad of tube or pipe fittings of non-malleable cast iron decreased by -9.6% to 33 tons in 2022. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 224% against the previous year. As a result, the exports reached the peak of 37 tons, and then fell in the following year.

In value terms, exports of tube or pipe fittings of non-malleable cast iron fell to $70K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 191%. As a result, the exports attained the peak of $76K, and then shrank in the following year.

Export of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador0.40.523.436.0348.1%
Honduras25.225.652.734.210.7%
Others11.1N/AN/AN/A0%
Total36.726.176.170.224.1%

Top Export Markets for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron from Guatemala in 2022:

  1. El Salvador (24.8 tons)
  2. Honduras (8.6 tons)

Source: IndexBox Market Intelligence Platform

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